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 LYN Proton Saga/Iswara Drivers' Forum! Now with V7, Updated TT information

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lunacy
post Oct 28 2007, 01:37 AM

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From: Renggam


anyone here know when u buy a new car , u wish to have 0 donwpayment , SA actually willl markup the car price , which is higher price. Just to cover the price of your buying car . But , at the same time , you also need to pay innsurance premium for the markup price ?

For example , u buying a 37 k car . they markup the price to 40 k . The premium u paid is actually refer to 40k price , which in turn paying more premium. Is that true ? Anyone know about this ? Correct me if i am wrong

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